Indiana insurance industry weathers hard times
Employment in Indiana’s insurance industry has remained stable despite a poor economy.
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City official: ‘We’re obligated’ to weigh privatizing some stadium, convention duties
Mayoral Chief of Staff Paul Okeson said the city isn’t sure it makes sense to privatize operations now handled by
the Capital Improvement Board, “but we’re obligated on behalf of the taxpayer to find out.”City seeks ideas to privatize stadium, convention center operations
The city of Indianapolis is considering ways to get out of the professional sports stadium and convention center management
business.Fewer home-building permits signal weakness ahead
Applications for home-building permits, a gauge of future construction, fell in September by the largest amount in five months.
Law firm sticks with unconventional space
With its expansion last month into the historic Eden-Talbott House at 1336 N. Delaware St., the local environmental law firm
Plews Shadley Racher & Braun now owns and occupies three historic homes and a 1950s-era office building in the same block.Second developer facing foreclosure on Fishers property
The developer of the proposed $80 million project is facing foreclosure on the property at the same time adjoining land critical
to the project’s development has been scheduled for liquidation by a lender.State receives nearly $2.4 billion from stimulus
Indiana has received nearly $2.4 billion in federal stimulus money and has spent nearly $780 million so far, according to
preliminary data released Thursday.People in the news
People listings are free, but photos that are used in the print
edition will not appear online.Virginia homebuilder enters market
Home-building powerhouse Ryan Homes is marketing lots in 10 subdivisions it has taken over from the defunct local builder
CP Morgan Communities.Duke Realty to unload local land holdings at auction
The locally based company plans to raise millions of dollars by selling nine undeveloped
tracts in Indianapolis, Fishers, Plainfield and Lebanon.WIEGAND: Does Indianapolis suffer from ‘economic apartheid’?
I see Mayor Greg Ballard’s plan to demolish abandoned homes as a sign of failure, an acknowledgment
that our leaders—those whom we elected, business leaders, policy people, and leaders of not-for-profits—have failed
us, much in the same way leaders dramatically failed the auto companies, investment banks and mortgage companies.Fishers water park developer hopeful despite setback
The developer of a proposed hotel and water park in Fishers remains optimistic the project will get finished, despite the
latest setback delaying the start of construction by at least two years.Louisville company purchases assets of local distributor
Louisville-based Bailey Tools & Supply Inc. said Tuesday that it has purchased the assets of Indianapolis distributor Capitol Drilling & Contractors Supply.
City strengthens building-permit process
The pre-permit review could add nearly three weeks to the current permitting process
Efforts target blight on 16th
A stretch of 16th Street could see new life as the Indianapolis Housing Agency plans to redevelop a troubled low-income housing project and Kroger revives efforts to acquire land and plan a new supermarket to replace a cramped, old-format location.
Stimulus spending likely helping teachers the most
Teachers appear to have benefited most from the effort to save jobs with the $787 billion recovery package, which sent billions
of dollars to states that were on the verge of ordering heavy layoffs in education.Grocery, housing projects could rejuvenate stretch of 16th Street
A troubled low-income housing project has a new owner with plans to redevelop the complex to better
connect with the Herron Morton Place neighborhood. Next door, Kroger has revived efforts to acquire
land and plan a new supermarket to replace a cramped, old-format location.Securities firm Stifel Nicolaus balks at fraud charge
Transactions cited in the complaint involved advisers scattered across the firm’s seven Indiana offices, though two-thirds
were clients of Jeff Cohen.Downtown public art campaign loses funding
The organizations that spearheaded the city’s public art campaign are crippled for a lack of funding. While other public
art efforts are under way in Indianapolis, no one organization has the money to commission an exhibit large enough to fill
downtown.